Monthly Message

The Wutherich & Co. Composite was flat at 0.0% in February. This compares with the S&P/TSX up 0.2%, the BMO Small Cap Index up 0.1%, S&P 500 (US$) up 4.0%, the DJIA (US$) up 5.2%, while the NASDAQ (US$) was up 3.8%.

The Trump Bump continues, at least in the US. While it is entertaining to watch big market moves, we think investors should temper their enthusiasm for Trump’s economic pronouncements. Some of them may confer significant benefits over time but their short-term effects are probably limited. In our portfolio, Stantec has moved from $29 to $36 after Trump’s election. The company is one of North America’s largest providers of engineering consulting services. Much of the work that they do is related to infrastructure. As such, they would be “yuge” beneficiaries of Trump’s intention to vastly increase spending on infrastructure projects. There is no question that the country needs the work done, but it will likely take much longer for the money to flow than investors may be anticipating. The company itself doesn’t see much increase in spending for 2 or 3 years. The Bump may dissipate as investors lose patience in waiting for concrete results to show up in companies’ financials.

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Monthly Message The Wutherich & Co. Composite was down 2.2% in January. This compares with the S&P/TSX up 0.8%, the BMO Small Cap Index up 2.0%, S&P 500 (US$) up 1.9%, the DJIA (US$) up 0.6%, while the NASDAQ (US$) was up 4.3%. The weakness experienced in the Wutherich & Co. Composite during January happened […]

Dear friends and clients, We would like to remind you that the 2016 RRSP period deadline is March 1, 2017. If you have not made a contribution to your RRSP account with Wutherich & Company in a while, now may be a good time to do so. Feel free to get in touch with us […]

Monthly Message The Wutherich & Co. Composite was up 0.9% in December. This compares with the S&P/TSX up 1.7%, the BMO Small Cap Index up 3.2%, S&P 500 (US$) up 2.0%, the DJIA (US$) up 3.6%, while the NASDAQ (US$) was up 1.2%. December marked the end of a good year for the Wutherich & […]

Monthly Message The Wutherich & Co. Composite was up 4.0% in November. This compares with the S&P/TSX up 2.2%, the BMO Small Cap Index up 1.8%, S&P 500 (US$) up 3.7%, the DJIA (US$) up 5.9%, while the NASDAQ (US$) was up 2.6%. November Trumped October’s strong performance for the Wutherich & Co. Composite. Our positions […]

Monthly Message The Wutherich & Co. Composite was up 1.7% in October. This compares with the S&P/TSX up 0.6%, the BMO Small Cap Index down 2.0%, S&P 500 (US$) down 1.8%, the DJIA (US$) down 0.8%, while the NASDAQ (US$) was down 2.3%. October proved to be a spooky month for the markets though the Wutherich […]

Wil in Toronto Dear clients and friends of the Greater Toronto Area, Wil is going to be in Toronto from November 14th to 16th for client and company meetings. Should you like to meet him to discuss our investment portfolio, feel free to contact him directly at: –  wil@wutherich.ca   or   514-487-3782. Look forward […]

Invitation – Reminder Dear clients and friends, Please find attached an invitation to our upcoming “Let’s Talk Stocks at Wutherich & Co.’s Annual Update” event.   Chers clients et amis, Vous trouverez ci-joint une invitation à notre prochain évènement “Parlons Actions à la Mise à Jour Annuelle Wutherich & Co.”.  –  INVITATION PDF  –

Monthly Message The Wutherich & Co. Composite was up 1.6% in September. This compares with the S&P/TSX up 1.2%, the BMO Small Cap Index up 2.9%, S&P 500 (US$) flat at 0.0%, the DJIA (US$) down 0.3%, while the NASDAQ (US$) was up 1.9%. Despite September’s nasty reputation, market performance was fairly stable. Affirmation for […]

Invitation Dear clients and friends, Please find attached an invitation to our upcoming “Let’s Talk Stocks at Wutherich & Co.’s Annual Update” event.   Chers clients et amis, Vous trouverez ci-joint une invitation à notre prochain évènement “Parlons Actions à la Mise à Jour Annuelle Wutherich & Co.”.  –  INVITATION PDF  –